657 million in tokenized stock trading on Solana, in a single day. Backpack CEO Armani Ferrante says Solana's tokenized stock trading is breaking records every day, with some…
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$657 million in tokenized stock trading on Solana, in a single day. Backpack CEO Armani Ferrante says Solana's tokenized stock trading is breaking records every day, with some symbols already out-tra…
$657 million in tokenized stock trading on Solana, in a single day. Backpack CEO Armani Ferrante says Solana's tokenized stock trading is breaking records every day, with some symbols already out-trading Nasdaq "I would say we're already saying holy crap, for everybody inside of the ecosystem, just because if you take a look at where we are today relative to where we were six months ago, it's orders of magnitude bigger already." "To say that people would have been doing $100 million of volume, or even $50 million of volume, in a single day for stocks on Solana six months ago would have been unheard of. And the records are breaking every single day." "Although it's very low relative to traditional finance, you're already seeing days where symbols are flipping the Nasdaq in terms of organic trading volume. This obviously isn't the case across the entire market quite yet, but we're already seeing it across symbols." "It's like brick by brick every day. It's getting bigger and bigger and bigger. And the charts are only up and to the right."
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